Solution-The cash paid on june 24 equals

The cash paid on june 24 equals

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A company purchased $11,400 of merchandise on June 15 with terms of 3/10, n/45, and FOB shipping point. The freight charge, $1,200, was added to the invoice amount. On June 20, it returned $1,920 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals?

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The cash paid on june 24 equals

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Reference no: EM132382170

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